$SKYAI is showing clear weakness across lower and higher timeframes. Price rejection from resistance zones + declining volume indicates sellers are still dominating the market.
📉 Analysis:
• Lower highs formation continues
• Weak buying pressure near support
• Open interest increasing while price struggles = possible downside continuation
• If BTC shows weakness,
#SKYAI could dump aggressively due to low liquidity volatility
🎯 Futures Setup:
SHORT ENTRY: Near resistance retest
TARGETS: -8% / -15% / -25%
STOP LOSS: Tight above breakout zone
⚠️ Options View:
Bearish sentiment favors PUT-style positioning or downside hedging strategies. Volatility expansion could trigger fast liquidations on overleveraged longs.
🔥 Market Sentiment:
Retail traders still trying to catch the bottom while smart money appears to be distributing slowly. Until a strong breakout confirmation appears, trend remains bearish.
“Don’t fight the trend. In crypto, patience pays more than emotions.”
— CryptoExpert-Ak
@Crypto Expert Ak #SKYAI #Write2Earn #bearishmomentum #TrendingTopic